Funding for Female Catalyst Fund II, amounting to €26 million, successfully sealed in initial stage.
=======================================================================
The Auxxo Female Catalyst Fund II, a significant step forward in the firm's mission to promote gender equality in venture capital, has been closed at €26 million. This fund is dedicated to investing exclusively in early-stage startups in Europe with at least one female founder holding a minimum of 20% equity.
Auxxo's investment strategy focuses on backing and uniting the strongest female co-founded startups across Europe at Pre-Seed and Seed stages. The fund takes a value-based, partnership approach built on trust, transparency, and teamwork, positioning itself as a bridge between innovative female founders and the traditional VC ecosystem.
The fund aims to drive systemic change and visibility for underrepresented female talent in the startup ecosystem. It targets to support around 30 startups, with initial investments ranging from €350,000 to €800,000, obtaining 3-8% equity stakes in each company.
Examples of their portfolio companies from Fund II include Emidat, developing climate data infrastructure for the construction industry, Resolutiion, offering an AI-supported platform for resolving commercial disputes, and Stanhope.ai, building neuroscience-inspired frameworks for real-time machine learning in machines.
The fund has secured strong backing from reputable investors, including the European Investment Fund (EIF) as an anchor investor, along with others like Aurum Impact, Cherry Ventures, and Speedinvest. Over 50% of the fund's limited partners are women, reflecting a belief that diversity drives both financial and societal returns.
The new fund, yet to be named, has a target of up to €50 million. Potential startups for investment by the new fund include Emidat, Resolutiion, and Stanhope A, founded by Rosalyn Moran. The Auxxo Female Catalyst Fund II believes in a future where diversity drives performance, and bold, visionary women shape the next era of European innovation.
[1] Auxxo. (n.d.). About us. Retrieved from https://www.auxxo.vc/about [2] Auxxo. (2021). Auxxo Female Catalyst Fund II raises €26 million to invest in female-led startups. Retrieved from https://www.auxxo.vc/news/auxxo-female-catalyst-fund-ii-raises-26-million-to-invest-in-female-led-startups [3] Auxxo. (2021). Auxxo Female Catalyst Fund II. Retrieved from https://www.auxxo.vc/funds/auxxo-female-catalyst-fund-ii [4] European Investment Fund. (n.d.). Auxxo Female Catalyst Fund II. Retrieved from https://www.eif.org/what-we-do/where-we-invest/small-mid-caps/auxxo-female-catalyst-fund-ii/
[1] With a firm focus on finance and technology, Auxxo's business model revolves around venture capital, investing in female-led startups across Europe.
[2] The success of Auxxo's venture capital strategy, as seen in the Auxxo Female Catalyst Fund II, is driving significant change in the startup ecosystem, fostering gender equality and spotlighting underrepresented female talent.
